Foreclosure in Castaic : Advice

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Sara Mehrpou…, Real Estate Pro in 91403
Sara Mehrpouyan answered:
If the lender chooses to foreclose non judicially on an investment property, can they seek deficiency judgement?
Hi Packard

You may want to consult with an attorney for legal advice. However, California is a one-action state. Generally speaking, it means that if they pursue a foreclosure via t ... more
1 vote Share Flag Fri Sep 28, 2012 Foreclosure in 91384
Cyndi Lesins…, Real Estate Pro in Valencia, CA
Cyndi Lesinski answered:
How often does a lender sell 2nd to a collection agency when 1st is being foreclosed?
I am currently working on obtaining a short sale approval for a client with a 1st and 2nd. Now that the 2nd is over 6 months past due, they are planning on charging it off or selling t ... more
0 votes Share Flag Sat Apr 7, 2012 Foreclosure in 91384
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